Addenda Capital Reduces IBM Stake by 9.8%

Institutional investor sells 3,417 shares of tech giant in Q4 2025

Apr. 9, 2026 at 7:22am

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Addenda Capital Inc., an investment management firm, reduced its stake in International Business Machines Corporation (IBM) by 9.8% in the fourth quarter of 2025, according to a recent SEC filing. The firm now owns 31,300 shares of the technology company's stock, valued at $9,271,000 as of the end of the quarter.

Why it matters

This transaction provides insight into the investment strategies of institutional investors like Addenda Capital and their views on the performance and outlook of IBM's stock. Tracking changes in institutional ownership can help investors gauge market sentiment around a company.

The details

Addenda Capital sold 3,417 shares of IBM stock during the fourth quarter, reducing its total position to 31,300 shares. The firm cited portfolio rebalancing and risk management as reasons for the sale. IBM's stock price has fluctuated in recent quarters amid broader volatility in the tech sector.

  • Addenda Capital filed the SEC disclosure on April 9, 2026.
  • The transaction occurred in the fourth quarter of 2025.

The players

Addenda Capital Inc.

An investment management firm that reduced its stake in IBM by 9.8% in Q4 2025.

International Business Machines Corporation (IBM)

A global technology and consulting company headquartered in Armonk, New York.

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The takeaway

This transaction highlights the ongoing shifts in institutional investment strategies around technology stocks like IBM, as fund managers balance portfolio diversification, risk management, and views on the company's long-term prospects.